Examlex
Choose the correct statement.
Semi-annually Return
The return on an investment calculated twice a year, showing the investment's performance over each six-month period.
Investment
The allocation of resources, such as capital, time, or effort, in hope of generating a gain or profit in the future.
Fat Tails
Refers to the occurrences of extreme movements in stock prices or higher than normal risks in investments, which lead to heavy tails in a probability distribution.
Kurtosis
Measure of the fatness of the tails of a probability distribution. Indicates probability of observing extreme high or low values.
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